IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – SANPADA, NEW MUMBAI

Complete bank details including IFSC code, MICR code, address and payment facilities for SANPADA branch.

IFSC Code
IBKL0000306

Bank Details

Bank NameIDBI BANK
Branch NameSANPADA
IFSC CodeIBKL0000306
MICR Code400259048
AddressPLOT 1, QUEEN'S NECKLACE SHOPPING PARADISE, SECTOR 18, SANPADA, NAVI MUMBAI 400705
CityNEW MUMBAI
DistrictTHANE
StateMAHARASHTRA
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0000306

The IFSC code IBKL0000306 uniquely identifies the SANPADA branch of IDBI BANK located in NEW MUMBAI, MAHARASHTRA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IBKL0000306

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000306) – Unique branch identifier for SANPADA

How to Use IFSC Code IBKL0000306

To transfer money to any account at IDBI BANK SANPADA branch, you will need to provide the IFSC code IBKL0000306 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at SANPADA

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About IDBI BANK SANPADA Branch

IDBI BANK SANPADA is a branch of IDBI BANK located in NEW MUMBAI, MAHARASHTRA. The branch provides comprehensive banking services to customers in NEW MUMBAI and surrounding areas.

Branch Address

PLOT 1, QUEEN'S NECKLACE SHOPPING PARADISE, SECTOR 18, SANPADA, NAVI MUMBAI 400705, NEW MUMBAI, MAHARASHTRA

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 400259048. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of IDBI BANK SANPADA?

The IFSC code of IDBI BANK SANPADA branch in NEW MUMBAI is IBKL0000306.

What is the MICR code of IDBI BANK SANPADA?

The MICR code of IDBI BANK SANPADA branch is 400259048.

What is the address of IDBI BANK SANPADA?

IDBI BANK SANPADA branch is located at PLOT 1, QUEEN'S NECKLACE SHOPPING PARADISE, SECTOR 18, SANPADA, NAVI MUMBAI 400705.

Does IDBI BANK SANPADA support NEFT/RTGS/IMPS?

IDBI BANK SANPADA branch supports NEFT, RTGS, IMPS, and UPI transactions.